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Reuters
Reuters
Business

Kazakhstan challenges large asset transfer by ex-president's foundation

FILE PHOTO: Kazakh former President Nursultan Nazarbayev speaks before casting his ballot at a polling station during presidential elections in Astana, Kazakhstan, November 20, 2022. REUTERS/Turar Kazangapov

(This Feb. 16 story has been corrected to show foundation is run by former education minister Aslan Sarinjipov, not Nazarbayev's daughter Dariga in paragraph 8)

ALMATY (Reuters) - Kazakh prosecutors have filed a lawsuit seeking to nullify the transfer of a local bank's ownership from ex-president Nursultan Nazarbayev's non-profit foundation to a foreign company, they said on Thursday.

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